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Huddlestock Fintech — M&A Activity 2023
Nov 27, 2023
3624_rns_2023-11-27_f248bc17-0025-4294-b306-f5900c1de037.pdf
M&A Activity
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Completion of divestment of Huddlestock Solutions AS.
27.11.2023 15:01:24 CET | Huddlestock Fintech AS | Additional regulated information required to be disclosed under the laws of a member state
Huddlestock has now completed the divestment of Huddlestock Solutions through a management buyout
Stavanger, Norway, 27 November 2023
Reference is made to the stock exchange release by Huddlestock Fintech AS ("Huddlestock") published on 27 September 2023, announcing the divestment of Huddlestock Solutions AS, through a management buyout. The agreement has now been finalised and closed.
Disclosure regulation
This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.
Contacts
- John E. Skajem, Chief Executive Officer, Huddlestock Fintech, +47 418 87 412, [email protected]
- Leif Arnold Thomas, Chief Corporate Development, Huddlestock Fintech Corporate Development, +47 982 15 520, [email protected]
About Huddlestock Fintech AS
Huddlestock Fintech is an innovative technology software provider with a leading expert professional services business. We deliver innovative and sustainable technology solutions to the capital markets, treasury and wealth management industries.
Through its technology offering, Huddlestock offers an innovative, compliant, and data-centric WealthTech SaaS, accelerating the digital transformation, and trends of hyper-personalization and on-demand banking within the wealth management industry. Huddlestock's SaaS empowers the embedding of low-cost, efficient white-label trading and investment services, underpinning Huddlestock's mission of delivering financial inclusion by democratizing access to capital markets.
Through its world-class expert professional services business, Huddlestock delivers strategic technology solutions and process automation for the financial services industry. This range of services has propelled Huddlestock into becoming the preferred supplier of financial consultancy services and technology solutions in the Nordic region. Huddlestock Fintech AS was listed on Euronext Growth Market 26th November 2020, as Norway's first fintech company to be publicly traded.
For more information, please visit www.huddlestock.com